Westinghouse Air Brake Technologies Corporation vs Stanley Black & Decker, Inc.: Strategic Focus on R&D Spending

R&D Spending: A Decade of Strategic Investments

__timestampStanley Black & Decker, Inc.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 201417460000061886000
Thursday, January 1, 201518800000071213000
Friday, January 1, 201620440000071375000
Sunday, January 1, 201725230000095166000
Monday, January 1, 201827580000087450000
Tuesday, January 1, 2019240800000209900000
Wednesday, January 1, 2020200000000162100000
Friday, January 1, 2021276300000176000000
Saturday, January 1, 2022357400000209000000
Sunday, January 1, 2023362000000218000000
Monday, January 1, 20240206000000
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Igniting the spark of knowledge

Strategic R&D Investments: A Tale of Two Giants

In the competitive landscape of industrial innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, Westinghouse Air Brake Technologies Corporation and Stanley Black & Decker, Inc. have demonstrated distinct strategies in their R&D investments. From 2014 to 2023, Stanley Black & Decker consistently outpaced its counterpart, with R&D expenses growing by over 100%, peaking in 2023. Meanwhile, Westinghouse Air Brake Technologies saw a remarkable surge in 2019, with a 140% increase from the previous year, highlighting a strategic pivot. By 2023, both companies had significantly increased their R&D budgets, reflecting a shared vision for innovation. This data underscores the importance of strategic R&D investments in maintaining competitive advantage and driving technological advancements in the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025